Oracle Announces TimesTen In-Memory Database 11g

Today, Oracle announced the availability of Oracle TimesTen In-Memory Database 11g and Oracle In-Memory Database Cache 11g, the database caching option for Oracle Database 11g.

“As a pioneer in electronic trading solutions, NYFIX has helped transform the global trading environment through business and technology innovations,” said Don Henderson, Chief Technology Officer, NYFIX. “One of the key technology drivers in today’s equities trading market is low latency. Our clients want the ability to place orders and get immediate responses so they can keep pace with fast-moving market opportunities. Using the Oracle In-Memory Database Cache and Oracle Database to help run our Millennium dark pool, we are able to provide our clients with the fast and reliable response times they demand."

This latest release features major enhancements including performance and scale-out through the Database Cache Grid; support for PL/SQL, Oracle Call Interface (OCI), and Pro*C embedded SQL Programming language; and rock solid reliability and high availability through automated failover via integration with Oracle Clusterware and Oracle Data Guard.

“Our customers demand fast and reliable service with little lag time," said Tomohiro Takeda, Director, Strategy & Planning, Passenger Service Systems, IT Service & Planning, Japan Airlines. "The combination of Oracle Database with the Oracle In-Memory Database Cache option has allowed us to exponentially increase our number of server transactions for online search of domestic flight fare to over ten times faster and has enabled us to deliver on the fast and reliable service our customers have come to expect from Japan Airlines."

These new product capabilities further enable enterprises to benefit from the extreme performance that in-memory database caching in the middle-tier offers.

"Oracle continues to add important enhancements to the Oracle TimesTen product, including tighter integration with its flagship Oracle Database. The Oracle In-Memory Database Cache option will enable Oracle Database users to realize the benefits of database caching technology with minimal changes to the source code of their existing applications. Database caching is used to deliver improved performance while ensuring high availability and reliability. These are critical elements for industries with real-time data management requirements," said Carl Olofson, Research Vice President, IDC.

“The demand for high-performance applications continues to expand across industries,” said Rex Wang, Vice President Product Marketing, Oracle. “The tight integration between Oracle Database 11g and the Oracle In-Memory Database Cache option allows customers to obtain significant performance boosts to existing applications with minimal changes to the applications. And, the new Database Cache Grid capabilities enable customers to scale their middle-tier platform incrementally, as needed by their performance and capacity requirements.”